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House #15: The Neighbor House

December 17, 2009

We got our fifteenth house under contract yesterday…another bank-owned foreclosure… This house is completely generic, and we couldn’t come up with a very descriptive name for it; but it’s practically next door to The Pine House, so we’re just going to call it The Neighbor House for the time being. This was the second house […]

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MH #3: Sold

December 15, 2009

We sold mobile home #3 today… The home was in pretty good shape, so we choose not to do any work to it before trying to find a buyer. We put up a sign on the home and another in a central part of the park, and received about a half dozen calls in just […]

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House #14: Getting Bids

December 14, 2009

My project manager had a number of contractors out to The Pine House today to get bids on the work. I had to take a last minute trip up to NY today, so I didn’t have a chance to be there, but he gave me the run down… On every project, I generally start by […]

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House #14: The Pine House

December 11, 2009

It’s been a long time since we’ve purchased a new house, but not for lack of trying. We’ve put in probably 25 offers over the past three to four weeks, and each was either rejected, countered too high, or outbid by another buyer. That said, over the past week or so, things have been softening […]

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MH #4: Purchased

December 10, 2009

My partners and I just purchased our fourth mobile home in the past two months… This one is a 3 bedroom, 2 bath double-wide in the same park as our first mobile home. It’s about 10 years old and in very good condition. It needs some patching on a small part of the roof, and […]

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Staging #3: Second Buckhead

December 9, 2009

The investor who hired my wife to stage his Buckhead property last week was absolutely thrilled with the results (see pics here), as we were confident he would be. After receiving the pictures we took of the final product, he has listed his property on the MLS at $399,000, which is perfectly reasonable for that […]

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House #13: First Contract

December 8, 2009

We put The Poor House on the market about two weeks ago, and given the slowness around the holiday season, I wasn’t surprised that we just got our first showing just this past weekend. The great news is that this first showing resulted in a full-price contract… Not only a full-price offer, but the buyer […]

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House #12: Mystery Solved

December 7, 2009

In my last post about The Mini House, I mentioned that there was some confusion over whether the appraisal had ever been carried out by the buyer’s lender. The buyer’s agent told us it was completed, but considering the appraiser never called us to get access to the house, we didn’t believe it. So, we […]

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Staging #2: Pictures

December 4, 2009

As I mentioned last week, shortly after finishing up the model apartment in Tallahassee, my wife got her second staging gig for a local investor. He asked her to stage his vacant 3 bedroom, 2 bath house in an upscale part of Atlanta, which he was hoping to put on the market this weekend… My […]

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House #12: Selling Weirdness

December 3, 2009

Just an update on the sale of The Mini House, which is scheduled for later this month (it’s actually a pretty weird story)… As I mentioned a couple weeks back, we received our fourth offer on this house. The buyer had three contingencies (milestones where she had to finish different parts of due diligence before […]

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